| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $234M | $223M | — | 4.7% | — |
| Op. Income | $26M | $19M | — | 37.6% | — |
| Gross Margin | 65.2% | 65.7% | — | -0.5pp | — |
| Net Margin | 14.3% | 10.6% | — | 3.8pp | — |
| EPS (Diluted) | $0.62 | $0.44 | — | 40.9% | — |
| Free Cash Flow | $21M | $47M | — | -55.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $234M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $153M |
| R&D Expenses | $66M |
| Selling & Marketing | $28M |
| General & Administrative | $26M |
| SG&A Expenses | $54M |
| Other Expenses | $7M |
| Operating Expenses | $127M |
| Cost & Expenses | $208M |
| OPERATING INCOME | $26M |
| Interest Income | $11M |
| Interest Expense | $2M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $884.0K |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $10M |
| EBIT | $35M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $234M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $153M |
| R&D Expenses | $66M |
| Selling & Marketing | $28M |
| General & Administrative | $26M |
| SG&A Expenses | $54M |
| Other Expenses | $7M |
| Operating Expenses | $127M |
| Cost & Expenses | $208M |
| OPERATING INCOME | $26M |
| Interest Income | $11M |
| Interest Expense | $2M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $884.0K |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $10M |
| EBIT | $35M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$256.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $423M |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $340M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $358M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $124M |
| Inventory | $80M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $77M |
| Goodwill | $154M |
| Intangible Assets | $70M |
| Long-Term Investments | $0 |
| Tax Assets | $172M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $513M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $51M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $145M |
| Long-Term Debt | $980M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $523.0K |
| Additional Paid-In Capital | $507M |
| Retained Earnings | $323M |
| Treasury Stock | -$186M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $645M |
| Minority Interest | $38M |
| TOTAL EQUITY | $683M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $1.0B |
| Net Debt | -$94M |
